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External Perspective — An Under-Utilised Strategic Leadership Capability

  • Catherine Bailey
  • David Butcher
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  • 419 Downloads

Abstract

An external perspective is a critical but under-developed strategic and business leadership capability. Competing effectively in the today’s business conditions relies on a high level of customer and supply chain knowledge, and on best practice operational delivery, learnt directly from experience or vicariously from competitors. Yet increased competition and shortening product and service life mean sustained advantage can only be gained by leapfrogging competitors through changing the rules of the industry’s competitive game. Successful businesses exploit ‘industry breakpoints’ to create value and wealth in a different way by challenging received wisdom, and looking outside their industry to source innovation (Hamel, 2000a). Developing an ‘external perspective’ therefore becomes both an organisational and individual strategic leadership capability.

Keywords

Senior Manager Organisational Support Dynamic Capability Total Quality Management Corporate Entrepreneurship 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Catherine Bailey and David Butcher 2008

Authors and Affiliations

  • Catherine Bailey
  • David Butcher

There are no affiliations available

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